BRICS Advances Local Currency Settlements in Trade

Source: Monitor Mercantil | Original Published At: 2025-12-05 21:44:54 UTC

Key Points

• BRICS countries are implementing direct local currency transactions to reduce dollar dependency, driven by economic sanctions and exchange instability.
• Three key impacts identified: reduced transaction costs, decreased vulnerability to exchange risks, and challenges in cross-border payment infrastructure interoperability.
• Central Bank of Brazil's 'Brics Economic Bulletin 2025' highlights this shift as a structural change requiring strategic adaptation by international businesses.
• Brazilian companies advised to update internal systems, compliance frameworks, and financial governance to align with emerging BRICS payment networks.
• Aarin Tech-fin (Bradesco-affiliated fintech) emphasizes this transition involves operational model transformations beyond technical payment changes.